Venture Global and Tokyo Gas ink 20-year LNG SPA for 1 MTPA 

HOUSTON, TEXAS (By Isaac Silvestre, Energy Analytics Institute, 25.Nov.2025, Words: 195) — Venture Global, Inc. and Tokyo Gas Co., Ltd revealed execution of a new, long-term liquefied natural gas (LNG) sales and purchase agreement (SPA).

Per the SPA, Tokyo Gas will procure 1 million tonnes per annum (MTPA) of LNG from Venture Global for 20 years, starting in 2030. 

This deal marks 7.75MTPA of SPAs signed by Venture Global in the last 6 months, Venture Global announced on 26 Nov. 2025 in an official statement

“With nearly 8 MTPA of new long-term commitments signed this year, Venture Global is pleased to build on our commercial momentum through this new partnership with Tokyo Gas,” Venture Global CEO Mike Sabel said in the statement.

“Tokyo Gas is a pioneer in the LNG industry and leading provider of natural gas to Japan, and we look forward to working with them as we grow our position as a top LNG supplier to Japan,” Sabel said. “This agreement will contribute significantly to the US-Japan balance of trade over the duration of the SPA, providing Japan with affordable, reliable American LNG.”

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By Isaac Silvestre reporting from Houston. © 2025 Energy Analytics Institute (EAI). All Rights Reserved.